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Thea Energy lands $20M federal grant to build its magnets for fusion reactors

Fusion power startup Thea Energy snagged a $20 million award from ARPA-E to scale production of its high-temperature superconducting magnets.

Climatefusion powernuclear fusionThea Energy
TechCrunch Jul 27, 2026, 20:40 UTC
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With a new $100M raise, Princeton’s Thea Energy is now a top-funded fusion startup

Thea Energy's pixel-inspired magnets could give its power plant plans a boost. The fusion startup hopes to get a commercial reactor working by 2034.

ClimateClimate Capitalfusion powerGaingelslinse capitalnuclear fusionThea EnergyTimescale
TechCrunch May 27, 2026, 17:54 UTC

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